In Stony Plain 66.5% of home owners have a mortgage on their home. 15.8% of home owners in Stony Plain spend more than 30% of their household income on shelter costs. When it comes to rented homes, 10.4% of the rented homes in Stony Plain are subsidized and the remaining 89.6% pay market rent. Subsidized housing is government sponsored economic assistance program aimed towards alleviating housing costs and expenses for people in need with low to moderate incomes. 33.2% of tenants in Stony Plain spend over 30% of their household income on shelter costs.
|Homes with a mortgage||66.50%|
|Homes spending more than 30% of household income on the home||15.80%|
|Homes that are subsidized by tax payers||10.40%|
|Rented homes where more than 30% of household income is spent on shelter costs||33.20%|